10. What is Clark's cost of goods sold during 2000? Direct materials Beginning inventory $25,000 Purchases 77,000 Ending inventory 13,000 Direct manufacturing labor 20,000 Manufacturing overhead 15,000 Ending work-in-process inventory 5,000 Beginning work-in-process inventory 1,000 Ending finished good inventory 20,000 Beginning finished goods inventory 30,000 Ⓒa. 130,000 b. 120,000 O c. 110,000 Od. 100,000

10. What is Clark's cost of goods sold during 2000? Direct materials Beginning inventory $25,000 Purchases 77,000 Ending inventory 13,000 Direct manufacturing labor 20,000 Manufacturing overhead 15,000 Ending work-in-process inventory 5,000 Beginning work-in-process inventory 1,000 Ending finished good inventory 20,000 Beginning finished goods inventory 30,000 Ⓒa. 130,000 b. 120,000 O c. 110,000 Od. 100,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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